Briefing 12-09-2022

Stocks slip in volatile trading
Stocks slipped into the red on Sunday, snapping a three-day rally, as Jittery investors rushed to book profits on major sector issues after the recent price surge. The market remained positive in the first three hours of the trading session amid volatile trading, but the last-hour sell-off pushed the index down. Page 9
Queen's coffin leaves Balmoral
Queen Elizabeth II's coffin left her beloved Scottish estate Balmoral Castle on Sunday as the monarch who died after 70 years on the throne begins her last journey back to London for a state funeral. Gamekeepers from Balmoral, the summer retreat where the queen died Thursday, carried the late sovereign's oak coffin from the castle's ballroom to a hearse to begin a six-hour, 280-kilometer (175-mile) journey through Scottish towns to Holyroodhouse palace in Edinburgh. Page 17
Big banks to rake in record profits
Investment banks are set to make a record-breaking $20 billion trading and financing commodities like oil, gas and metals in 2022, more than triple what they earned in the years before Covid-19, analytics firm Coalition Greenwich said. Page 19
Govt plans to set up food labs
Food Minister Sadhan Chandra Majumder said on Sunday the government was planning to set up food laboratories in eight divisions across the country for ensuring hygienic food in the market. "In order to test the quality of food, the government has a plan to set up laboratories in all eight divisions," he said. The minister came up with this announcement while inaugurating "Food and Chemical Lab Expo 2022" in the capital. Page 20